Is Middle Smithfield Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Middle Smithfield Township has remained a Seller's Market.
Housing Prices in Middle Smithfield Township, PA
How much do homes in Middle Smithfield Township, PA cost?
Median Sold Price
$310,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Middle Smithfield Township was $310,000 in April 2024, up 24% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | - | N/A |
2 Bedrooms | $188.4K | $177.4K | -5.8% |
3 Bedrooms | $249.9K | $275K | +10.0% |
4 Bedrooms | $295K | $340.9K | +15.6% |
5+ Bedrooms | $340K | $375K | +10.3% |
Summary: Middle Smithfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Middle Smithfield Township | $249.9K | $310K | +24.0% |
Lehman Township | $225K | $264.5K | +17.6% |
Bushkill | $224.9K | $255K | +13.4% |
Housing Supply in Middle Smithfield Township, PA
How many homes are available in Middle Smithfield Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Summary: The Middle Smithfield Township real estate market had 24 homes for sale in April 2024, a 17.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Middle Smithfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Middle Smithfield Township in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Middle Smithfield Township, PA
How long does it take to sell a home in Middle Smithfield Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 77 Days | +296.9% |
Summary: Homes in Middle Smithfield Township had an average of 77 days on market in Apr 2024, up by 296.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Middle Smithfield Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.